The Commercial Court number 2 of Valencia has failed in favor of Forgive a debt of 186,868.28 euros to a woman for being in an insolvency situation and after having lost her home and that of her parents As a result of the 2008 real estate crisis, after the auction of his home unable to cope with the mortgage. Even so, there was a part of the debt to pay.
As explained Telecinco news Everything begins when this woman, after separating and with a daughter in charge, decides to buy a house with her sister. To face the payment of the house, they requested a mortgage loan for an amount of approximately 285,000 euros. When requesting the loan, the banking entity told them “that my parents ‘pension was sufficient as endorsement” but then according to the media “the bank asked that they will also endorse with the parents’ house” something they agreed to.
Everything was going well until the real estate crisis arrived in 2008. At that time the mortgages shot up and both this woman and her sister could not deal with the mortgage payment. Apparently her sister was left without work and had to return home to her parents and she had to face the payment of it alone, so she passed 600 euros to 1,200 euros, all this from one month to another. According to “it was my entire salary” who worked as cleaning staff.
As could not cope with the mortgage paymentin 2010 they were the bank and they were auctioned. Tenth were left, because they were both their home and that of their parents, since they endorsed with that good. This led to both her and her, sister, parents and children had to look for a new home. “Although I had signed the mortgage, no notification never came to me. They all arrived at my parents’ house and it was not until after a while when one of my brothers told me that they were arriving there. Given the situation, we deliver the keys to the court. ”
This was not all. When the houses were auctioned, they were sold for a price lower than the value for which they were acquired, which prevented the entire debt from covering. This generated a pending balance, known as “mortgage tail”, with an amount greater than 100,000 euros still to pay.
Fourteen years later they notify you that you have a pending debt
In 2022, when his economy began to improve, he decided to buy a new home for which he had to request a new mortgage. As he explains to the news, both she and her daughter lived in a rental floor where the owner wanted to sell it and have an affordable price to consult if she could pay the mortgage and where she finally did. In addition, he explains, “I was not in any list of delinquency files.” After the signing of the new mortgage, Land notify that it has a pending debt to liquidatewhile she thought that with the sale of the two houses the debt had been resulted.
For this woman her situation was the same as that of many families with the 2008 crisis. “It happened to many families, since they signed high mortgages for the acquisition of homes and unable to deal with them, the banks judicially executed those goods, taking them to auction for prices below half and in addition to staying, the debtors, without the properties, were left with debts impossible to cover. A drama that today is still dragging, ”explains women’s lawyer Marta Bergadà.
Given this situation and not to live again, decided to resort to credits to pay the debts and reach the end of the month. For more inri, this was not all, since the woman was fired and lost her job later according to her “mobbing, workplace harassment.” Even so, I try to face the payment of the debt with the unemployment contributory benefit, it was charged that it was just 900 euros.
Second chance law
Overwhelmed by debts and without departure, his daughter and his son -in -law informed him about the law of second chance that allows to condemn slopes, although he affirms “he did not believe in her.” This woman was already 60 years old and did not have much knowledge about laws and bureaucracy, so one day a lawyer contacts her and after a lawyer will repeal for this cause. “It was a stressful period of time. During the past summer I began to receive many calls from banks, every day, at any time and from countless different telephone numbers. They were even threatening, ”says the woman.
Finally, the Commercial Court number 2 of Valencia issued a ruling to condone the debt of 186,868.28 euros thanks to the law of the second chancethus exonerating it from the unsatisfied liabilities. “When they told me, I started crying,” explains the woman, since for her they have been very hard years. Now he says he can help his daughter to be calmer.